Avie Schneider

A day after dropping more than 1,000 points, the Dow rebounded Friday to close up more than 300 points. But the index lost nearly 5 percent for the week as the markets focused on rising interest rates, inflation and ballooning government debt.

The stock market went on a wild ride again on Monday, with the Dow Jones industrial average closing down 1,175 points, its worst point drop in history. The Dow closed down 4.6 percent and turned negative for the year.

At one point Monday afternoon, the Dow was down 1,579 points — the largest intraday point drop in the history of the index.

The 2.6 percent drop in the Dow came as the Labor Department reported that 200,000 jobs were added to the economy last month, which was stronger than expected, and the unemployment rate stayed at 4.1 percent — the lowest since 2000.

A Japanese maker of materials used in airplanes and car parts has admitted that one of its subsidiaries falsified quality-assurance data, the latest in a string of Japanese industrial giants to mislead customers.

Toray Industries said Tuesday that it had identified 149 instances of altered data between 2008 and 2016. The products involved affected 13 customers and included cords used for tires and car hose belts.

Richard Cordray, the embattled director of Consumer Financial Protection Bureau, announced Wednesday that he will leave the agency by the end of November.

"I am confident that you will continue to move forward, nurture this institution we have built together, and maintain its essential value to the American public," Cordray wrote in an email to the agency's staff.

The Dow Jones industrial average on Tuesday briefly topped 23,000 for the first time, crossing another milestone amid better-than-expected earnings reports and concerns that stocks are approaching another bubble.

Stanley Fischer is resigning early as vice chair of the Federal Reserve after three years at the central bank. His term was set to expire next June. Before becoming second in command to Fed Chair Janet Yellen, the former MIT economics professor served as head of the Bank of Israel and as a top official at the International Monetary Fund, the World Bank and Citigroup.

California's Department of Motor Vehicles on Wednesday said it had revoked the registrations of 16 autonomous vehicles owned by the ride-hailing company.

"We have stopped our self-driving pilot in California as the DMV has revoked the registrations for our self-driving cars," an Uber spokesperson said. "We're now looking at where we can redeploy these cars but remain 100 percent committed to California and will be redoubling our efforts to develop workable statewide rules."

Sometimes fast food just isn't fast enough. A new highly automated restaurant that opened in San Francisco on Monday looks to speed service through efficiency — you won't see any people taking your order or serving you at the Eatsa quinoa eatery.

Andy Greenberg was minding his own business, driving a Jeep Cherokee on the highway in St. Louis when the SUV's air vents suddenly started blasting cold air. Then the radio switched stations and began blaring hip-hop at full volume. Spinning the radio control knobs did nothing. Soon, the windshield wipers turned on and wiper fluid obscured Greenberg's view.

As 2015 began, the U.S. economy posted its weakest performance in a year, growing at a 0.2 percent annual pace. That's a sharp slowdown from the fourth quarter and well below the 1 percent rate economists had projected.